Why is the BTC withdrawal fee on exchanges 50k sts?

[Papa Bear]

50k is less fees which was charged by good exchanges with high daily volumes but new exchanges take 100k satoshi atleast but for eth gas fees all knows it sucks for everyone to swap tokens and to transact tokens and to send eth too. It affect market cap also if people like me keep patiently waiting for gas fees to get under expected price. I followed from long and found Eth Gas fees gone crazy over the time.

[Kitaiev]

To save money on withdrawal, use the light network or if this does not suit you, withdraw it through the FTX exchange, some time ago there was no commission to withdraw funds through the bitcoin network.
Before withdrawing, it is better to check the information yourself again.
here is a link to their description of the commission
https://help.ftx.com/hc/en-us/articles/360034865571-Blockchain-Deposits-and-Withdrawals

[gunhell16]

This was also I noticed to the majority of the exchange now, where for me it's too high actually. Though I do nothing about it
 Because it is the platform exchange rules,  so what I did  in terms of converting it into fiat is that I used the other alternative coins to avoid high charges in the transaction withdrawal just like buying Xrp to become less fee of course going to fiat, just like that only.

[coinliker]

To me, it's quite high. There are so many factors inter-connected.
Readout this article: https://articles.whalesheaven.com/what-are-bitcoin-transaction-fees-how-are-they-calculated-and-who-takes-them/
Nicely explained why btc fees high.
That's why I always used other altcoins to withdraw like LTC, TRX etc

[Crypto_lover]

Not only in Exchanges btc withdrawal fees are high in every Crypto transection from any wallet or exchange.As btc transections are Decentralized that's why miners getthe transection fees for processing btc transections in blockchain.Thats why almost Every exchanges have almost 50k sat withdrawal fees but you can convert btc to trx or other altcoin for lowest withdrawal fees.
You can know details about transection fees and how it works from this Article